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Liberty Media Offers Shares At A Discount To Get Funding For Formula 1 Acquisition
Wednesday, December 14, 2016 - 3:08pm | 355Read More...Wunderlich has maintained its Hold rating on Liberty Media Group (NASDAQ: LMCA), which brought more Formula 1 investors on board via $1.55 billion share sale at a discount. Liberty issued shares of its Series C Liberty Media common stock at a price of $25.00 per share in connection with its...
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Patterson-UTI's Potential Acquisition Could Add Significant Assets To Its Core Business
Wednesday, December 14, 2016 - 12:06pm | 337Read More...Patterson-UTI Energy, Inc. (NASDAQ: PTEN) has announced its intention to acquire Seventy Seven Energy Inc (OTC: SSEIQ), primarily using equity for the deal that will add meaningful exposure to the drilling and pumping segments of the combined entity. Wunderlich’s Jason A. Wangler maintains a...
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Wunderlich Bullish On Viacom CEO Bakish, Justifies 60% Upside
Tuesday, December 13, 2016 - 11:19am | 351Read More...Redstone-family-controlled National Amusements announced its decision to end efforts to merge Viacom, Inc. (NASDAQ: VIAB) and CBS Corporation (NYSE: CBS). “It is now apparent that Shari Redstone (and many investors) are impressed with new CEO Bob Bakish,” Wunderlich’s Matthew...
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Guess Sales Looking Comparatively Strong In December
Tuesday, December 13, 2016 - 11:18am | 298Read More...Guess?, Inc. (NYSE: GES) has been able to achieve the December 2016 pricing results, which outpaced the decline in the aggregate contemporary segment, unlike the earlier months of 2016. Wunderlich’s Eric Beder maintained a Buy rating on the company, with a price target of $20....
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Nautilus Direct Segment To Lead Turnaround
Friday, December 9, 2016 - 11:46am | 328Read More...Nautilus, Inc. (NYSE: NLS) witnessed a sharp decline in sales at its direct segment in 3Q. The segment seems “well positioned to generate a significant turnaround in revenue trends,” Wunderlich’s Rommel Dionisio said in a report. He maintains a Buy rating on the company, with a...
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Tailored Brands Still Surging After Q3 Earnings
Thursday, December 8, 2016 - 2:41pm | 263Read More...Tailored Brands Inc (NYSE: TLRD) reported Q3 results after market close on Wednesday, drastically beating both top- and bottom-line estimates. EPS of $0.68 compared with a $0.55 estimate, and revenue of $864 million compared with a $832 million estimate. The market responded in droves, driving the...
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1-800-Flowers.com's Holiday Sales Strategy
Wednesday, December 7, 2016 - 10:10am | 274Read More...1-800-Flowers.Com Inc (NASDAQ: FLWS) is solidifying its position as both a floral and gifting firm this holiday season by focusing on value-added and exclusive items, especially with the full integration of Harry & David. “[W]ith Harry & David now fully integrated, the drive to create...
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'Impressive' Risk/Reward At Perry Ellis With 12x Multiple
Tuesday, December 6, 2016 - 11:49am | 294Read More...Wunderlich said apparel firm Perry Ellis International, Inc. (NASDAQ: PERY) is set for strong results in the coming quarters, with stock’s valuation remaining “impressive.” The brokerage, which reiterated its Buy rating on Perry Ellis shares, believes the company is poised for...
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What To Expect From Duluth's 'Impressive Storytelling' Into Q3 Report
Monday, December 5, 2016 - 10:43am | 278Read More...Wunderlich expects above-consensus third-quarter earnings from Duluth Holdings Inc (NASDAQ: DLTH) Thursday, driven by strong sales of men's products and performance of new stores. Analyst Eric Beder, who reiterated his Buy rating on Duluth shares, expects earnings of $0.01 a share, a penny...
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Wunderlich Reiterates Bullish Stance On Vera Bradley Despite 'Near-Term Issues'
Monday, December 5, 2016 - 10:19am | 313Read More...Wunderlich maintains its bullish thesis on Vera Bradley, Inc. (NASDAQ: VRA), despite expecting weak third-quarter results on December 7 after the recent data breach at the company. Lingering Data Breach Concerns Analyst Eric Beder trimmed his third-quarter EPS projection to $0.18 (from $0.24) and...
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Billing Headwinds, Deal Delays Worked Against Workday In Q3
Friday, December 2, 2016 - 3:13pm | 358Read More...Shares of Workday Inc (NYSE: WDAY) came under investors' hammers after billings headwind and potential deal slippages led the company to cut its outlook for the all-important fourth quarter. Quick Review Q3 EPS: $0.03 vs. estimated $(0.04). Q3 revenue: $409.6 million vs. estimated $400 million. FY...
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Smith & Wesson's Q3 Likely To Be Hindered By 2016's Terror-Inspired Demand Spikes
Friday, December 2, 2016 - 11:36am | 267Read More...After market close on Thursday, Smith & Wesson Holding Corp (NASDAQ: SWHC) reported Q2 results, which beat on both top- and bottom-line estimates. The stock sank on lower-than-consensus Q3 guidance, however, with shares trading down around 8 percent in the pre-market Friday. Wunderlich analyst...
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Disappointing Q3 From Guess Is A Tale Of 2 Regions
Thursday, December 1, 2016 - 11:34am | 268Read More...Guess?, Inc. (NYSE: GES) reported disappointing Q3 results after market close on Wednesday and the share price was down nearly 13 percent in the pre-market Thursday. Following the lower-than-expected results, Wunderlich analyst Eric Beder maintains a Buy rating for the stock, while lowering his...
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Wunderlich Boosts Target On Charter Communications By $50 To $330
Thursday, December 1, 2016 - 10:05am | 274Read More...Wunderlich’s Matthew Harrigan believes that Charter Communications, Inc. (NASDAQ: CHTR) has meaningful financial and operational leverage due to “increasing net video and broadband gains, especially off lowering churn and reducing concomitant transaction costs.” Harrigan maintains...
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'Underlying Trends Remain Robust' Says Wunderlich On American Eagle
Thursday, December 1, 2016 - 9:35am | 429Read More...Wunderlich reiterated its Buy rating on American Eagle Outfitters (NYSE: AEO) despite the fact that















